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World

All the latest headlines from all regions of the world outside the NAFTA market.

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Posco Venture with IMFA to help Secure Stable, Economic Supply of Ferrochrome

24 January 2011 - Posco enters agreement with IMFA, India`s largest ferrochrome manufacturing company, that will help the company to stably and economically secure part of its main raw materials for stainless steel production.

NLMK Wins Bid to Develop Usinsk Coal Deposit #3 in Komi Republic

24 January 2011 - NLMK has won the right to develop the third mining area in the Usinsk coal deposit (Usinks-3) following a competition organized by the Subsoil Agency of Russia’s Komi Republic.

Posco Venture with IMFA to help Secure Stable, Economic Supply of Ferrochrome

24 January 2011 - Posco enters agreement with IMFA, India`s largest ferrochrome manufacturing company, that will help the company to stably and economically secure part of its main raw materials for stainless steel production.

ThyssenKrupp Continues Upward Trend in First Quarter of 2010/2011

24 January 2011 - ThyssenKrupp AG is anticipating year-on-year growth in order intake and sales, with provisional figures indicating that each will exceed €11 billion for the first quarter of the 2010/2011 fiscal year.

2010 World Crude Steel Production Finishes 15% Ahead of 2009

24 January 2011 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 116.2 million tonnes in December 2010 — a 1.3% increase from the previous month (November 2010). Full-year production, at 1395.46 million tonnes, reflects a 15.2% increase over 2009.

MMK Approved for Joint Implementation Project within Kyoto Protocol Framework

21 January 2011 - The Russian Ministry of Economic Development has approved the Joint Implementation project “Implementation of arc-furnace steelmaking at Magnitogorsk Iron and Steel Works”. The project has been implemented in accordance with the rules of the Kyoto Protocol to the United Nations Framework Convention on Climate Change.

Siemens VAI to Install Intensive Mixing, Granulation Systems for Usiminas Sinter Plants

21 January 2011 - Siemens VAI Metals Technologies will install two intensive mixing and granulation systems in Usinas Siderurgicas de Minas Gerais SA’s sinter plants located in Cubatão and Ipatinga steelworks in southern Brazil.

worldsteel Selects New Director General

21 January 2011 - The World Steel Association (worldsteel) announces the appointment of Edwin Basson as its newest Director General. He will succeed Ian Christmas on August 1, 2011 subject to the formal approval of the worldsteel Board in April.

Tenova Revamps Tenaris Dalmine Rotary Hearth Furnace

21 January 2011 - Tenova LOI Italimpianti has successfully revamped the rotary hearth furnace on Tenaris’ medium-pipe line to enable charging of larger billets up to a length of 5300 mm.

NLMK-Long Products Launches New Production Facility

20 January 2011 - NLMK subsidiary NLMK-Long Products recently obtained a favorable report and authorization to launch its NSMMZ Rolling Facility from the Federal Service for Environmental, Technological and Nuclear Supervision of the Russian Federation.

MMK Launches New Class of High-Strength Micro-alloyed Steel Grades

19 January 2011 - Magnitogorsk Iron and Steel Works, OJSC (MMK) has launched production of new class of high-strength super-low-carbon micro-alloyed hot-galvanized steel grades designed for a wide range of applications.

NLMK Contracts New Equipment for Lipetsk Rolling Mill Upgrade

19 January 2011 - NLMK has signed contracts with SMS Siemag AG and Sytco AG for the supply of new equipment for its Lipetsk-based rolling operations.

Praxair to Supply ArcelorMittal in Brazil

19 January 2011 - Praxair’s White Martins subsidiary has signed an agreement to supply oxygen to ArcelorMittal’s steel production facility located in João Monlevade, in southeast Brazil.

ThyssenKrupp Steel Europe, juwi Group to Cooperate on Photovoltaics

18 January 2011 - ThyssenKrupp Steel Europe’s Color/Construction business unit is working under a cooperation agreement with juwi Group to offer construction elements featuring integrated roof-parallel photovoltaic modules that transform the roofs of industrial and commercial buildings into solar power plants.

Ruukki RD Drilled Pile Walls Enable Construction of Trondheim Tunnel

18 January 2011 - A retaining wall solution installed by drilling developed by Ruukki is enabling construction of a section of the Trondheim road tunnel in Norway, since vibration or other stresses that disturb the soil must be minimized.

Outokumpu to Restructure for More Efficient Production of Special Stainless

18 January 2011 - Outokumpu’s Specialty Stainless operations will have a new organization, effective March 1, with the new business units Special Coil and Special Plate replacing the former units Special Coil & Plate and Thin Strip.

ArcelorMittal and Nunavut Iron Join to Upgrade Offer for Baffinland Common Shares

17 January 2011 - Nunavut Iron Ore Acquisition Inc. has joined as joint offeror under the ArcelorMittal offer in order to provide Baffinland shareholders with an improved offer of C$1.50 in cash for 100% of Baffinland's outstanding common shares. The offer is also for all of Baffinland's common share purchase warrants issued 31 January 2007 at a price of $0.10 per warrant.

ArcelorMittal South Africa Offers Bursary to Star Student

17 January 2011 - In support of its commitment to help South African transform its future, ArcelorMittal South Africa has granted Matimba Mabonda a bursary to pursue his dream of studying for a degree in Chemical Engineering at the University of Cape Town.

Posco ChemTech Searches for Smarter Business Models

17 January 2011 - Posco ChemTech recently organized an idea competition, seeking ideas from employees on ways to enhance work efficiency and upgrade the quality of corporate communications within the company, using smart phones.

ThyssenKrupp Steel Europe Presents Environmental Product Declarations

17 January 2011 - ThyssenKrupp Steel Europe will be presenting Environmental Product Declarations for its steel construction elements at Bau 2011. The declarations cover the company’s full range of single-skin elements and sandwich panels for facades, roofs and walls.